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[94] [95] In the 2012–2013 academic year, 31 percent of GI Bill funds went to for-profit colleges. Veteran participation in these schools, in effect, transferred $1.7 billion in post-9/11 GI Bill funds to these schools. [96] According to a CBS News report in 2017, 40 percent of all GI Bill funds went to for-profit colleges. [97]
The for-profit education industry also receives billions of dollars through VA benefits also known as the GI Bill. [102] According to a CBS News report in 2017, 40 percent of all GI Bill funds went to for-profit colleges. [103] For-profit colleges receive money for servicemembers and their spouses attending college while still in the military ...
In July 2008 the Post-9/11 GI Bill was signed into law, creating a new robust education benefits program rivaling the WWII Era GI Bill of Rights. The new Post 9/11 GI Bill, which went into effect on August 1, 2009, provides education benefits for service members who served on active duty for 90 or more days since September 10, 2001.
What GI Bill college programs are available? If you’re an active duty service member or veteran of the military, you could use GI Bill college benefits to help pay for your higher education.
The result was the GI Bill, which gave White veterans access to housing and higher education. Very simply, this access to a house and better wages that came with education created wealth for a ...
The Montgomery GI Bill — Active Duty (MGIB) stated that active duty members had to forfeit $100 per month for 12 months; if they used the benefits, they received as of 2012 $1564 monthly as a full-time student (tiered at lower rates for less-than-full-time) for a maximum of 36 months of education benefits. This benefit could be used for both ...
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